Institutional dynamics under revenue volatility and revenue-dependent lobbying power: A stochastic differential game approach
Download full text from publisher
References listed on IDEAS
- Nicolas Treich, 2010. "Risk-aversion and prudence in rent-seeking games," Public Choice, Springer, vol. 145(3), pages 339-349, December.
- Bruno Jullien & Bernard SalaniÃ© & FranÃ§ois SalaniÃ©, 1999.
"Should More Risk-Averse Agents Exert More Effort?,"
The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 24(1), pages 19-28, June.
- Bruno Jullien & Bernard Salanié & François Salanié, 1998. "Should More Risk-Averse Agents Exert More Effort," Working Papers 98-12, Center for Research in Economics and Statistics.
- Jullien, B. & Salanie, B. & Salanie, F., 1998. "Should More Risk-Averse Agents Exert More Effort?," Papers 98.489, Toulouse - GREMAQ.
- Hillman, Arye L & Katz, Eliakim, 1984. "Risk-Averse Rent Seekers and the Social Cost of Monopoly Power," Economic Journal, Royal Economic Society, vol. 94(373), pages 104-110, March.
- Raouf Boucekkine & Fabien Prieur & Klarizze Puzon, 2013.
"The Dynamics of Lobbying under Uncertainty: On Political Liberalization in Arab Countries,"
AMSE Working Papers
1317, Aix-Marseille School of Economics, France.
- Raouf Boucekkine & Fabien Prieur & Klarizze Puzon, 2014. "The Dynamics of Lobbying under Uncertainty: On Political Liberalization in Arab Countries," Post-Print hal-01474428, HAL.
- Raouf Boucekkine & Fabien Prieur & Klarizze Puzon, 2013. "The Dynamics of Lobbying under Uncertainty: On Political Liberalization in Arab Countries," Working Papers halshs-00801961, HAL.
- Raouf Boucekkine & Benteng Zou, 2014.
"Stochastic Stability of Endogenous Growth: The AK Case,"
- Raouf Boucekkine & Benteng Zou, 2014. "Stochastic Stability of Endogenous Growth: The AK Case," AMSE Working Papers 1454, Aix-Marseille School of Economics, France.
- Raouf Boucekkine & Benteng Zou, 2014. "Stochastic stability of endogenous growth: The AK case," CREA Discussion Paper Series 14-30, Center for Research in Economic Analysis, University of Luxembourg.
- Kevin K. Tsui, 2011. "More Oil, Less Democracy: Evidence from Worldwide Crude Oil Discoveries," Economic Journal, Royal Economic Society, vol. 121(551), pages 89-115, March.
- Stephane Pallage & Michel A. Robe, 2003. "On the Welfare Cost of Economic Fluctuations in Developing Countries," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 44(2), pages 677-698, May.
- Gylfason, Thorvaldur, 2001.
"Natural resources, education, and economic development,"
European Economic Review, Elsevier, vol. 45(4-6), pages 847-859, May.
- Gylfason, Thorvaldur, 2000. "Natural Resources, Education, and Economic Development," CEPR Discussion Papers 2594, C.E.P.R. Discussion Papers.
- Raouf BOUCEKKINE & Rafik BOUKLIA-HASSANE, 2011. "Rente, corruption et violence : l’émergence d’un ordre nouveau dans les pays arabes ?," Regards économiques 92, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Raouf Boucekkine & Fabien Prieur & Klarizze Puzon, 2014. "On Political Regime Changes in Arab Countries," AMSE Working Papers 1401, Aix-Marseille School of Economics, France, revised 22 Jan 2014.
- Yann Bramoullé & Nicolas Treich, 2009. "Can Uncertainty Alleviate the Commons Problem?," Journal of the European Economic Association, MIT Press, vol. 7(5), pages 1042-1067, September.
- Robert C. Merton, 1975. "An Asymptotic Theory of Growth Under Uncertainty," Review of Economic Studies, Oxford University Press, vol. 42(3), pages 375-393.
- Posner, Richard A, 1975. "The Social Costs of Monopoly and Regulation," Journal of Political Economy, University of Chicago Press, vol. 83(4), pages 807-827, August.
- Krueger, Anne O, 1974. "The Political Economy of the Rent-Seeking Society," American Economic Review, American Economic Association, vol. 64(3), pages 291-303, June.
- Michael Alexeev & Robert Conrad, 2009. "The Elusive Curse of Oil," The Review of Economics and Statistics, MIT Press, vol. 91(3), pages 586-598, August.
- Leininger Wolfgang & Yang Chun-Lei, 1994. "Dynamic Rent-Seeking Games," Games and Economic Behavior, Elsevier, vol. 7(3), pages 406-427, November.
- Millner, Edward L & Pratt, Michael D, 1991. "Risk Aversion and Rent-Seeking: An Extension and Some Experimental Evidence," Public Choice, Springer, vol. 69(1), pages 81-92, February.
- Dockner,Engelbert J. & Jorgensen,Steffen & Long,Ngo Van & Sorger,Gerhard, 2000. "Differential Games in Economics and Management Science," Cambridge Books, Cambridge University Press, number 9780521637329.
- Gary S. Becker, 1983. "A Theory of Competition Among Pressure Groups for Political Influence," The Quarterly Journal of Economics, Oxford University Press, vol. 98(3), pages 371-400.
More about this item
Keywordsinstitutional dynamics; lobbying games; state-dependent lobbying power; revenue volatility; stochastic differential games;
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
- C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-CDM-2015-09-26 (Collective Decision-Making)
- NEP-GTH-2015-09-26 (Game Theory)
- NEP-ORE-2015-09-26 (Operations Research)
StatisticsAccess and download statistics
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:luc:wpaper:15-08. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Elisa Ferreira). General contact details of provider: http://edirc.repec.org/data/crcrplu.html .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.